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Definition of 'Structural Unemployment'
Unemployment resulting from changes in the basic composition of the economy. These changes simultaneously open new positions for trained workers.
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Investopedia explains 'Structural Unemployment'
An example of structural unemployment is the technological revolution. Computers may have eliminated jobs, but they also opened up new positions for those who have the skills to operate the computers.
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This widely watched indicator of economic well-being also directly influences the market.
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From unemployment and inflation to government policy, learn what macroeconomics measures and how it affects everyone.
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This model depicts an inverse relationship between unemployment and wage inflation, but is it accurate?
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If a missed paycheck will make your finances cave in, you must learn how to make proper supports.
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Economic growth doesn't always mean employment growth. Learn about how the jobless growth economy affects workers and investors.
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